Millennial Lithium Corp. (CVE:ML – Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$4.04 and traded as low as C$3.62. Millennial Lithium shares last traded at C$4.04, with a volume of 832,799 shares changing hands.
Millennial Lithium Trading Up 2.0%
The firm has a market capitalization of C$395.36 million and a price-to-earnings ratio of -20.20. The company has a debt-to-equity ratio of 0.12, a quick ratio of 38.73 and a current ratio of 38.93. The company has a 50 day moving average price of C$4.04 and a two-hundred day moving average price of C$4.04.
About Millennial Lithium
Millennial Lithium Corp. engages in the acquisition, exploration, and development of lithium mineral properties. It primarily holds a 100% interest in the Pastos Grandes Lithium project located in Salta, Argentina. The company was formerly known as Redhill Resources Corp. and changed its name to Millennial Lithium Corp. in June 2016. The company was incorporated in 2005 and is headquartered in West Vancouver, Canada.
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